1055 Cottage

1055 Cottage

C

Encinitas, CA 92024

$1,360,000
NEW — 1d

Soft Appraisal Value: $1,319,900 · 3.0% above estimate

Beds

3

Baths

2.5

Sqft

1,233

Year Built

2000

Days on Market

1

Property Type

Single Family

HOA/mo

$185

MLS ID

260014605SD

This property is in Encinitas (92024). View neighborhood stats →

About This Property

Cambria Charmer! If you are looking for a solid, functional home in a super Leucadia location, this property delivers exactly what you need without the unnecessary fuss. The layout is well-thought-out and makes great use of the space, while plenty of natural ambient light keeps the entire home feeling bright and open. In the kitchen, you will find reliable stainless steel appliances paired with durable granite countertops, offering a clean and straightforward setup for everyday cooking. The standout feature inside is the oversized primary bedroom, which gives you plenty of breathing room alongside its own private en-suite bathroom and a large walk-in closet. Outside, the low-maintenance yard means you won't have to spend your weekends mowing lawns or doing heavy upkeep. Instead, you can enjoy the fully fenced backyard, which comes ready for weekend cookouts with a built-in BBQ, plus a standard two-car garage to handle all your parking and storage needs.

Mortgage Calculator

Est. Monthly Payment

$8,819

Principal & Interest$6,877
Property Tax$1,360
Insurance$397
HOA$185
%($272,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$4,703
Monthly Cashflow

Rent − PITIA

$-4,116
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,331

Mortgage (P+I)
$6,877
Cap Rate
0.48%
Cash-on-Cash
-27.93%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$12,925

NOI (Annual)
$6,552
Price-to-Rent

Lower = better for investors

24.1

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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